Cathie Wood-owned Ark Invest on Friday sold more of Grayscale Bitcoin Trust (OTC:GBTC) shares on Friday, a daily trade disclosure form the firm showed.
On Thursday, Cathie Wood-led Ark Invest made a significant move by selling nearly $2.9 million worth of Grayscale Bitcoin Trust (OTC:GBTC) shares. This decision comes amidst a fluctuating crypto market and Ark’s strategic adjustments in their crypto holdings.
On Tuesday, Cathie Wood-led Ark Invest made a significant move in the cryptocurrency market, selling over $33 million worth of Coinbase Global Inc (NASDAQ:COIN) shares.
Several firms are vying for the approval of their proposed spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs), hoping to capture a significant market share.
With a two-month timeline ahead, the Securities and Exchange Commission (SEC) is yet to make decisions on several applications to establish spot Bitcoin (CRYPTO: